SpaceX Raises $25 Billion in Debt Sale, Upsizes Offering Less Than Two Weeks After IPO

According to CNBC, SpaceX on June 23 raised $25 billion in a senior unsecured notes offering, expanding from its initial $20 billion fundraising target. The company received nearly $90 billion in orders for the debt sale and upsized the offering by $5 billion, according to people familiar with the matter. Bloomberg first reported the order figures. SpaceX completed this debt raise less than two weeks after its record IPO on June 12, which netted nearly $86 billion in proceeds.
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